Gina Rinehart

Mining magnate Gina Rinehart tops list of Australia’s richest people in 2020

PHOTO: Gina Rinehart

Mining Queen Gina Rinehart has regained her title as Australia’s richest person after losing the throne last year.

The magnate has topped this year’s Australian Financial Review Rich List with a personal wealth of a staggering $28.89 billion.

Rinehart’s wealth more than doubled this year as the iron ore price soared.

Second on the list is Andrew ‘Twiggy’ Forrest, who almost tripled his wealth to $23 billion.

The West Australian businessman is also cashing in on the resources boom, with his Fortescue Metals Group posting a record net profit.

He has made some notable investments this year, including bringing Australian footwear brand RM Williams back to Australia.

Billionaire miner Andrew Forrest and his wife Nicola.
Billionaire miner Andrew Forrest and his wife Nicola. Credit: The West Australian